Harry Mnemonic

Debt Prevention - Ways to Avoid Going into Debt

In today’s economic times, debt prevention is vital and every penny that you have in your possession is important. Knowing how to effectively manage your money is more important than ever. Your ability to do this can have a tremendous impact on your ability to stay financially afloat. There may not be much you can do about the national state of economic affairs, but you can control the money that you have. This is important no matter how much or More

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This may sound a bit harsh, but I believe it to be true: about 90% of people on earth don’t care in any way about climate change, global warming, and how the planet is affected by carbon emissions. That’s not to say they don’t think about these things to a large extent, but, as we all know, thinking about getting a new job is a fair bit different to actually looking for a job and getting the ball rolling. And More

Is the UK’s Economy Under Threat

Although the United Kingdom is currently suffering from their worst deficit, the British Chamber of Commerce (BCC) is expecting an economic growth in 2011 of 2.1 percent, with a 2.3 percent increase in 2012. Compare this to the 1 percent growth predicted for 2010, and there may be reason for optimism.

However, this increase will likely be a temporary growth and it is believed that it will not last in the long run, according to the BCC, who pointed out More

How Governments Control Inflation

One of the principal duties of a government is to control the nation’s economy. Inflation is one of the more difficult duties for a government to conduct because the decisions they must make are usually unpopular with the people.

Inflation is a serious concern to many concerned citizens. They feel the need to educate themselves on the subject, since it has a direct impact on their daily lives. Citizens are becoming more aware and conscientious.

Inflation results when the cost More

Taxation - the big squeeze

2009 was the year of the banker - yes I said “banker”! We started the year with the expectation that these paragons of our society would see the error of thier ways and re-invent themselves. Perhaps it would be a return to the “greyheads”of decades past. A time long gone when the bank manager was a pillar of society and a denison of the local community. Surely these mega institutions would revert to the golden age and we could start More

ACME plc - End of Year Results - Let’s talk the language of business

The End Of Year results for ACME plc have just been published - turnover up 23% at £3.5bn, net profit (before tax) up 26% to £524m this will result in a dividend increase to shareholders of 16% or up to £1.25 per share. CEO (Mr. B. Bunny) and CFO (Mr. D. Duck) reported that the company has shown impressive growth over the last year and the future looks bright as animated products are being more sort after in all geographical More

Does government spending help in a time of economic crisis?

This question is a very heated debate amongst global economists, and it is not an easily answered question, for there are benefits and detriments to government spending during a time of economic crisis. The situation will depend largely on the position the country is in.

Firstly, the benefits of government spending, as believed by Keynesian economists, are twofold.

1) Economists who believe that government spending is beneficial to, and can overcome an economic crisis believe that by spending money on More

Fears of a Greek debt crisis deepens

There is currently a lot of pressure being placed on the government of Greece by the market and also some governments of the European Union to get some control over its growing deficit. There has also been some degree of social unrest in Greece over this same problem including strikes by government workers.

Should Greece default on its loans then that would have a serious effect on the euro and how strong it remains in the future. Yet the European More

Do We Really Need Recessions

A recession can be a tough time for many especially in this era of advanced technology and connected economies, a fall in one country can affect the whole world. Many believe that we do not need recessions. If this is the case then businesses that fail should never be allowed to happen and change needs to be suppressed.

What appears more logical and near to what the truth is, is that a major recession, or depression should be avoided. Sometimes More

Obama Taxes Wall Street Excess!

During these times of economic recession, public anger on both sides of the Atlantic has turned to ’greedy bankers’ and what is seen as the obscene level of bonuses that are still being paid to the very people who have received opprobrium for creating the recession initially. If there is one thing that a politician on any side of the spectrum likes it is siding with public opinion and President Barack Obama’s plans outlined today in a hard hitting speech More